Margot Mackay, a former PR consultant to the gambling company Aristocrat, has pleaded guilty to three charges of insider trading. Mackay, who headed her own company Margot McKay and Associates, used family members to buy almost $150,000 in shares ahead of announcements to the stock exchange that she wrote herself.

As newspapers seek to cut costs in the face of sagging circulation and advertising pressures, some have started to ship jobs overseas to places like India. "More than two years ago, Reuters, the financial news service, opened a new center in Bangalore," reports Doreen Carvajal. "The 340 employees, including an editorial team of 13 local journalists, was deployed to write about corporate earnings and broker research on U.S. companies. Since then, the Reuters staff at the center has grown to about 1,600, with 100 journalists working on U.S.

"Walmart used to annoy me with its horrible labor practices, draconian rules, and blatant manipulation of the media, but now it's gone past annoyance to bafflement," writes marketing consultant K.D. Paine. "The latest was the firing of their VP of Marketing because she allegedly went for rides in an Aston Martin and accepted dinners from Agencies pitching their business. ... Their message is: we're all about ethics.